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S.J.Res. 28 · 119th Congress · 2025–2026

A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications".

S.J.Res. 28 in the 119th Congress (2025–2026) became law — introduced on Feb 27, 2025, sponsored by Pete Ricketts with 5 co-sponsors. Congress held 3 roll call votes on it.

During the 119th Congress (2025–2026), Donald Trump was president, and Republicans held majorities in both the House and Senate.

Status
Became law
Introduced
Feb 27, 2025
Co-sponsors
5
Policy area
Finance and Financial Sector
Public law
Public Law 119-11
Groups that lobbied
2

What it does

This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau (CFPB) titled Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications and published on December 10, 2024. The rule defines larger participants in the general-use digital consumer payment application market (i.e., payment apps) that are subject to CFPB supervisory authority.

Summary by the nonpartisan Congressional Research Service.

Sponsor

Pete Ricketts (R-NE). Co-sponsors: 5 Republicans.

Where it stands

  • IntroducedFeb 27, 2025
  • Passed the SenateMar 5, 2025
  • Passed the HouseApr 9, 2025
  • Sent to the PresidentMay 5, 2025
  • Became lawMay 9, 2025

Latest action: Became Public Law No: 119-11. (May 9, 2025)

How Congress voted

  • On Passage
    House · Apr 9, 2025 · Passed
    219–211
  • On the Joint Resolution
    Senate · Mar 5, 2025 · Joint Resolution Passed
    51–47
  • On the Motion to Proceed
    Senate · Mar 4, 2025 · Motion to Proceed Agreed to
    50–47

Every roll call vote on this bill

More bills from Pete Ricketts in the 119th Congress

Other Finance and Financial Sector bills in the 119th Congress

Who lobbied on it

2 organizations named this bill in lobbying reports (Jul 2025 – Sep 2026). Biggest spenders among them:

Committees

More

From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

Cite or embed this page

Capitol Receipts, “S.J.Res. 28 (119th Congress): A joint resolution disapproving the…,” https://www.capitolreceipts.com/bill/119-sjres-28/a-joint-resolution-disapproving-the-rule-submitted-by-the (accessed 2026-10-16).

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